5, OAK ROAD, LUTON, LU4 8AA - £164,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 OAK ROAD is a semi-detached house, which could now be worth an estimated £294,804. It was last sold for £164,995 in February 2008, which was around 10% below the average February 2008 semi-detached price in the Luton local authority area.

5 OAK ROAD Sold Prices

Land registry data shows two sales for 5 OAK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 5 OAK ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 1 FEB	£164,995	£183,602	10% below HPI
2007 19 JAN	£125,000	£170,966	27% below HPI

What might 5 OAK ROAD be worth now?

5 OAK ROAD might now be worth an estimated £294,804.

This is based on house price inflation of 78.7%, between February 2008 and May 2026, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.7% inflationary increase is applied to the most recent sale price for 5 OAK ROAD of £164,995 on 1st February 2008. For the value to have increased from £164,995 to £294,804 over the seventeen years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 OAK ROAD has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The February 2008 sale price of £164,995 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK ROAD has not materially changed since February 2008.

Where is 5 OAK ROAD?

5 OAK ROAD is located in LUTON, in the LU4 postcode district.